Pale Fire Capital
Private equityPrague · Seed–Late Stage · 6 people tracked
Investment thesis
Pale Fire Capital invests in strong technology and e-commerce companies as a long-term investment partner, aiming to grow their value at least tenfold. Beyond capital, the firm offers strategic and operational support, including central teams for marketing, HR and finance, plus entrepreneurial and technology expertise for expansion, digitalization and management building. It typically invests between 10M and 500M CZK. The group has built more than 20 companies, backing multi-billion-valuation businesses such as ePojisteni.cz, Favi and Aukro. It also directs a percentage of its portfolio value annually to Czech nonprofit organizations, aiming to reach at least 200M CZK per year by 2030.
Source: firm website, verified Jul 31, 2026.
Team · 6 people
from the firm's websiteA founding member of Pale Fire Capital focused on growing portfolio companies through marketing and communications strategies. He worked in e-commerce product development since 2004 and was long-time CMO of ePojisteni.cz and CEO of Tarifomat.
A founding member of Pale Fire Capital focused on scalable organizational structures, sales teams and product development. He built ePojisteni.cz and the NetBrokers holding (acquired by Bauer Media in 2018) and became interim CEO of Groupon in 2023.
A founding member of Pale Fire Capital who sources and analyzes investment opportunities and contributes to portfolio company strategy. He worked on internet businesses during his studies at University College London.
Managing Partner at Pale Fire Capital focused on building the group's private equity portfolio and the active strategic development of its portfolio companies. Previously a partner and managing director at a large investment group.
Managed Pale Fire Capital's finances and supported financial management across portfolio companies while seeking new investment opportunities. Since 2023 he has served as CFO of Groupon in the US.
Handles accounting, tax and administrative aspects of the firm's companies and transactions, and provides financial management for some portfolio companies. He previously worked with Jan Barta at Elephant Orchestra.
Investments · 15 tracked
founders shown can be your intro pathA manufacturer of heat pumps founded in 2004 that developed and produces high-quality products for European markets across multiple countries.
A Spanish insurance comparison platform expanding its service portfolio and platform development with backing from experienced online insurance investors.
Online auction and e-commerce marketplace.
Home furnishings e-commerce marketplace.
US-based e-commerce marketplace for deals and experiences.
A dynamically growing technology company based in Slovakia and Czech Republic focused on developing a portfolio of successful SaaS firms.
A Central European litigation finance pioneer that finances dispute-related costs for plaintiffs in exchange for a share of awarded or settled amounts.
An insurance comparison platform founded in 2019 that simplified insurance selection and achieved market leadership in Poland.
A company developing vertical takeoff aircraft for four passengers, with ambitions to design, manufacture, and potentially operate such aircraft.
An online fitness platform built on gaming technology that hosts a global community of cyclists using 3D worlds and integrates with fitness equipment.
Frequently asked questions
- What stage does Pale Fire Capital invest at?
- Pale Fire Capital invests at the Seed, Growth, Late Stage stages.
- What is Pale Fire Capital's typical check size?
- Pale Fire Capital typically writes checks of $430K – $21.5M.
- What sectors does Pale Fire Capital focus on?
- Pale Fire Capital focuses on Consumer, E-commerce, Fintech, Marketplaces.
- Where is Pale Fire Capital located?
- Pale Fire Capital is headquartered in Prague, CZ.
- Does Pale Fire Capital lead rounds?
- Yes, Pale Fire Capital leads investment rounds.
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